US stock futures rose on Wednesday as strong results from neocloud provider CoreWeave rekindled optimism around the artificial intelligence sector. Nasdaq 100 futures gained 0.9%, while Dow and S&P 500 futures advanced 0.2% and 0.5%, respectively.
CoreWeave shares jumped 13% in after-hours trading after the company reported quarterly earnings that beat expectations and raised its full-year guidance, underscoring persistent demand for AI-related services.
Sentiment toward the AI space was further buoyed by reports that Anthropic could begin trading as early as next week, with plans to raise up to $90 billion at a diluted valuation of roughly $1.4 trillion.
By contrast, major US indexes finished lower on Tuesday: the Nasdaq Composite fell 0.74%, and the S&P 500 slipped 0.38%. Equities came under pressure after the latest CPI report reinforced expectations of a Federal Reserve rate hike in December, with markets now assigning roughly a 91% probability to a move next month.
